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Under contract-accepting backup offers. Waterfront Living in Yacht Club Estates – Solar-Powered and Move-In Ready
Welcome to 1240 79th Street South, St. Petersburg, FL 33707 — a rare opportunity to own a beautifully updated waterfront home in the prestigious Yacht Club Estates. Situated on a generous 9, 308 square foot lot at the end of a quiet cul-de-sac, this one-level, 4-bedroom, 2-bathroom residence offers 2, 675 square feet of thoughtfully designed living space, complete with open water views of the Intracoastal Waterway and direct access from your private dock and boat lift.
This home showcases elegant coastal living with cathedral ceilings, crown molding, a spacious open floorplan, and a chef’s kitchen outfitted with solid wood cabinets and top-of-the-line appliances including a range/oven, microwave, refrigerator, dishwasher, trash compactor, washer, dryer, and freezer. The living areas are enhanced by tile, slate, and carpet flooring, complemented by a wood-burning fireplace and smart thermostat for year-round comfort.
The master suite is located on the main level and features walk-in closets and large windows overlooking the water. Window treatments and ceiling fans are installed throughout the home for added style and functionality.
Step outside to a true Florida paradise. The backyard features an in-ground pool, expansive deck, and mature tropical landscaping with fruit trees, all framed by panoramic views of the Intracoastal. Whether you're enjoying the water view from the pool, launching your boat from the dock and lift, or relaxing under the shade of the trees, this home invites you to savor the best of waterfront living.
Constructed with a durable stucco exterior and designed for ease of maintenance, this home also benefits from solar panels for energy efficiency. The 79x120 lot is level and fully landscaped, with street-paved access and a location well within city limits. While flood insurance is required, the property experienced negligible exterior damage and no interior damage during hurricane season, underscoring its resilience.
With a prime location, luxurious amenities, and stunning water views from nearly every angle, this home is ready for you to move in and enjoy. Don’t miss the chance to live in one of St. Petersburg’s most coveted waterfront communities. Schedule your private showing today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,119,999 | $1,119,999 | $1,119,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.865% | 6.792% |
Monthly Tax Payment | $1,571 | $1,571 | $1,571 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,896 | $7,264 | $9,834 |
Total Monthly Payment | $8,592 | $8,960 | $11,530 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.